Showing posts with label peak oil skeptics. Show all posts
Showing posts with label peak oil skeptics. Show all posts

Monday, June 01, 2015

Kunstler: Twenty-Three Geniuses

Kunstler takes on a New York Times feature that dismisses the fears of overpopulation put forth most famously by Paul Ehrlich.
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If there is a Pulitzer Booby Prize for stupidity, waste no time in awarding it to The New York Times’ Monday feature, The Unrealized Horrors of Population Explosion. The former “newspaper of record” wants us to assume now that the sky’s the limit for human activity on the planet earth. Problemo cancelled. The article and accompanying video was actually prepared by a staff of 23 journalists. Give the Times another award for rounding up so many credentialed idiots for one job.

Apart from just dumping on Stanford U. biologist Paul Ehrlich, author of The Population Bomb (1968), this foolish “crisis report” strenuously overlooks virtually every blossoming fiasco around the world. This must be what comes of viewing the world through your cell phone.

One main contention in the story is that the problem of feeding an exponentially growing population was already solved by the plant scientist Norman Borlaug’s “Green Revolution,” which gave the world hybridized high-yielding grain crops. Wrong. The “Green Revolution” was much more about converting fossil fuels into food. What happens to the hypothetically even larger world population when that’s not possible anymore? And did any of the 23 journalists notice that the world now has enormous additional problems with water depletion and soil degradation? Or that reckless genetic modification is now required to keep the grain production stats up?

No, they didn’t notice because the Times is firmly in the camp of techno-narcissism, the belief that the diminishing returns, unanticipated consequences, and over-investments in technology can be “solved” by layering on more technology — an idea whose first cousin is the wish to solve global over-indebtedness by generating more debt. Anyone seeking to understand why the public conversation about our pressing problems is so dumb, seek no further than this article, which explains it all.

Climate change, for instance, is only mentioned once in passing, as though it was just another trashy celebrity sighted at a “hot” new restaurant in the Meatpacking District. Also left out of the picture are the particulars of peak oil (laughed at regularly by the Times, which proclaimed the US “Saudi America” some time back), [and publishes articles like this one--P.Z.] degradation of the ocean and the stock of creatures that live there, loss of forests, the political instability of whole regions that can’t support exploded populations, and the desperate migrations of people fleeing these desolate zones.

As averred to above, the Times also has no idea about the relation of finance to resources. The banking problems we see all over the world are a direct expression of the limits to growth, specifically the limits to debt creation. We can’t continue to borrow from the future to pay for our comforts and conveniences today because we have no real conviction that these debts can ever be repaid. We certainly wish we could, and the central bankers running the money system would like to pretend that we could by making negligible the cost of borrowing money and engaging in pervasive accounting fraud. But that has only served to cripple the operation of markets and pervert the meaning of interest rates — and, really, as a final result, to destroy any sense of consequence among the people running things everywhere.

The crackup of that financial system will be the signal failure of the collapse of the current economic regime. The financial system is the most fragile of all the systems we depend on (though the others do not lack fragility). This is the reason, by the way, that oil prices are so low, despite the fact that the cost of producing oil has never been higher. The oil customers are going broke even faster than the oil producers. Does anybody doubt that the standard of living in the USA is falling, despite all our cell phone apps?

The basic fact of the matter is that the energy bonanza of the past 200-odd years produced a matrix of complex systems, as well as a hypertrophy in human population. These complex systems — banking, agri-biz, hop-scotching industrialization, global commerce, Eds & Meds, Happy Motoring, commercial aviation, suburbia — have all reached their limits to growth, and those limits are expressing themselves in growing global disorder and universal bankruptcy. Do the authors of The New York Times report think that the oil distribution situation is stable?

There were two terror bombings in Saudi Arabia the past two weeks. Did anyone notice the significance of that? Or that the May 29th incident was against a Shiite mosque, or that the Shia population of Saudi Arabia is concentrated in the eastern province of the kingdom where nearly all of the oil production is concentrated? (Or that the newly failed state of neighboring Yemen is about 40 percent Shiite?) Have any of the 23 genius-level reporters at The New York Times tried to calculate what it would mean to the humming global economy if Arabian oil came off the market for only a few weeks?

Paul Ehrlich was right, just a little off in his timing and in explicating with precision the unanticipated consequences of limitless growth. But isn’t it in the nature of things unanticipated that they generally are not?

Saturday, January 31, 2015

"What Will 2015 Do for Peak Oil?"

With low oil prices and record production, oil cornucopians are smugly proclaiming peak oil has been disproved forever. But Ron Patterson writes in
"What Will 2015 Do for Peak Oil?" that "[A]n oil glut is exactly what we would expect at the very peak. After all, that is what peak oil is, that is the point in time when the world produces more oil than ever in history… and the most it ever will produce."




Monday, September 09, 2013

Kunstler: Gassy Politics

In which he replies to the elite's oil cornucopianism and general Panglossism.

First: Paul Sabin’s stupid op-ed in The New York Times Saturday shows how intellectually bankrupt and pusillanimous the “newspaper of record” has become, in step with the depraved and decadent empire whose record-keeper it supposedly pretends to be. Sabin is flame-keeper for the theories of the late cornucopian demi-god Julian Simon, a business school professor whose great idea stokes the wishful thinking that has overtaken a class of American leaders who ought to know better, and spread through the public they serve like a fungal infection of the brain. The core of Julian Simon’s great idea is that material resources don’t matter; human ingenuity will overcome all limits.

Maybe that’s a temporarily comforting thought for leaders in business, media, and politics, who don’t want to face the realities of peak resources and climate change, but it guarantees a harsher economic outcome since the wishful public will do nothing to prepare for the very different terms of daily living that are already shoving them into hardship and desperation.

Julian Simon, who died in 1998, is best remembered now for a bet he made in 1980 with biologist Paul Ehrlich, author of The Population Bomb. The bet was supposed to determine whether the converging difficulties of our time should be taken seriously. The two men picked a menu of commodity metals and bet whether the price would rise or fall by 1990. Ehrlich bet that scarcity would drive the price up; Simon bet that they would go down. Simon won the bet only for temporary circumstantial reasons, namely that the last great discoveries of cheap, easy-to-get oil ramped into full production by the mid-1980s and pushed a final orgy of global industrial development until 2008, when things really started falling apart. By then, Julian Simon has been dead for a decade.

Simon’s idea lives on in the wishful thinking around shale oil and gas, which have led the American public and their leaders to believe that we’re in an “energy renaissance” that will lead to “energy independence.” Just the other day, Senator John McCain made the inexcusably dumb remark that the US is now a net oil exporter. This is a man who ran for president five years ago, talking completely out of his ass.

Now oil is well over $100 a barrel, a price that the American economy, as currently configured, cannot endure. That price is crushing the kind of activity we have depended on lately: the house-building and lending rackets associated with the creation of suburban sprawl. $100 oil is especially corrosive to the problems of capital formation, because without more racket-driven “growth,” we can neither generate new credit, nor pay the interest on old credit. We’ve used accounting fraud in banking and government to cover up this failed equation. But it has only led to greater deformities in markets and a general fiasco in the management of money all around the world, and it is spinning out of control right now. If these conditions were to crash the global economy and the price of everything fell in a deflationary depression, with oil back under $60 a barrel — then it would not pay enough to frack the shale rock, or drill miles under the ocean, or do any of the very expensive operations of what’s called unconventional oil recovery.

For The New York Times to keep hauling out the sorry-ass figure of Julian Simon to “prove” a specious and dangerous point surely shows the limits of one thing: intelligence in the media. Because of that and other related failures in the transmission of ideas, this is now a nation that cannot construct a coherent narrative about what is happening to it.

Now, second: Syria. The world has pretty much lined up against President Obama’s proposal to issue a cruise missile spanking to Syria for supposedly gassing its own citizens. Nobody thinks this is a good idea, some for reasons of tactical advantage and some on the idea’s basic merit, or lack of. Mr. Obama pulled his punch over a week ago by standing down and taking the issue to congress for approval. I’m convinced he did that because he would have been impeached for launching an overt act of war — despite similar actions by his recent predecessors. The proposed spanking was a bad idea from the start. There was no visible threat to the national interest from Syria’s bad behavior within its own borders. The gas attack was a terrible act of depravity, but firing missiles into Syria wasn’t going to bring back the dead. It was only going to cause more death. There’s no advantage to the US for supporting either side in the Syrian civil war. The spread or deepening of any kind of disorder in that region will threaten a critical portion of America’s oil imports.

In the background of this, things are becoming unstuck in the seriously ill and constipated realm of international banking. The aforementioned deformities caused by central bank interventions, market manipulations, Too Big To Fail carry-trade rackets, and misreporting of financial data have begun to shred currencies in nations at the margin (India, Brazil, Indonesia) and that illness may prove contagious. The global economy depends on some basic faith that major financial institutions are sound, and that they trade in sound instruments that represent real wealth. That is all being called into question now, and how long will it be before a general paralysis freezes the entire letters-of-credit system that underlies global commerce?

The Syria soap opera has also managed to upstage the imminent mud-wrestling match between congress and the executive branch over the national debt limit and related matters of government spending. These problems appear for now to be completely intractable. If the government overcomes the latest version of this recurring dilemma, it will only be due to generating even more layers of accounting fraud to an already well-papered piƱata that is just waiting to be smashed. While this goes on, the American public gets pushed deeper and deeper into a financial abyss, haunted by re-po men, lying bank officers, verminous lawyers, and chiseling hospital administrators.

All this is a recipe for a political explosion. What happens if the US Government starts gassing its own citizens? It happened in 1967. That one only made people cry. Maybe next time, they’ll use a different kind of gas.



Monday, June 25, 2012

Kunstler: "Rocky Mountain High"

Kunstler went to the Aspen Environment Forum and is not impressed.

Rocky Mountain High
By James Howard Kunstler
on June 24, 2012 11:15 PM

The techno-narcissism flowed like a melted Slurpee this torrid weekend at the annual Aspen Environment Forum where scores of scientists, media figures, authors, professors, and policy wonks convened to settle the world's hash - at least in theory. The trouble started Friday night when Stewart Brand, 74, impresario of The Whole Earth Catalog, and an economic cornucopian these days, exhorted the skittish audience to show a little goshdarn optimistic spirit about the future instead of just griping about climate change, peak oil, imploding global finance, and a few other vexing trifles. The audience's response was to not line up and buy a signed copy of his latest book.

The Aspen Institute is supported by a bizarre array of corporate donors and individuals ranging from the secretive, devious, extreme right-wing Koch brothers to Goldman Sachs, to Michael Eisner to Duke Energy. The mission of the Environment Forum is divided about equally between publicizing the gathering horrors of climate change and promoting an ethos of wishful thinking that all the problems of mankind will yield to technological rescue remedies.

It's a very odd mix of hard-headed science and the most dismaying sort of crypto-religious faith in happy endings, tinged with overtones of corporate log-rolling and government propaganda. The basic message is: the world is hopelessly fucked up but thank God for technology. There is not even a dim apprehension that many of the aforementioned vexations originate in technology itself, and its blowbacks. Alas, this is about the best that the American intelligentsia can do right now, collectively, and it explains why we have such uniformly impotent and clueless leadership across the board in America, from the White House to the CEO offices to the diploma mills to the news media and every other realm of endeavor where thinking realistically about the future might be considered valuable.

Another strange notion permeating this forum - and probably the entire Progressive intellectual class in America - is the belief that if you can measure things, you can control them. Thus, an endless regurgitation of statistics, which, after a while, resembles liturgical incantation and, pretty much, serves the same purpose, namely an obsessive-compulsive ritual aimed at calming the nerves. If it was, after all, techno-magic that led us to poison the oceans and upset the calibration of the earth's atmosphere, then maybe fresh applications of magic can make all those bad things go away, fighting fire with fire, shall we say.

Speaking of fire, there was one burning up the valley from Aspen, which made the whole town smell like barbeque Sunday morning while six other wildfires blazed all around Colorado. One of them, the High Park fire, has been going for two weeks and burned over 82,000 acres so far with no sign of petering out. Temperatures in the high Rockies soared over 90 degrees all weekend and there was practically no snowpack left up in the elevations - a spooky development this early in the summer.

The odor of empire's end also hangs over Aspen these days, despite the sheen of spectacular wealth visible around the little town and the emanations of glowing health in the buff and tanned population of exercise freaks. Everything that makes the town tick is in danger of unraveling. The ski industry can't possibly survive the eventual effects of peak oil, and the collapse of commercial aviation will put an end to the conveyer belt of tourists. [Emphasis mine. Hawaii will experience much the same thing.--P.Z.] The villas of the Wall Street and Hollywood kingpins that decorate the ridge lines above town give off a desolate vibe of futility, as if the foregone disaster of a global banking meltdown had already sent their once-proud owners to bankruptcy Palookaville. The place gave off eerie intimations of a ghost town in-the-making.

Anyway you looked at America from the vantage of Aspen, Colorado, everything we do and stand for looks out of kilter. Our intellectual resources look spent, our prospects seem grim, and our assets are going up in flames. Maybe there's some consolation that we're not Europe. That said, I have never been to a conference in all my vagabond years where so many magnificent buffet spreads and overflowing gorgeous snack tables were laid in never-ending succession. It almost persuaded me that the old Right Reverend Malthus was too Malthusian.

Friday, April 20, 2012

http://www.tucsonweekly.com/TheRange/archives/2012/03/22/cd8-debate-does-the-us-really-have-more-oil-than-saudi-arabia

Thursday, March 29, 2012

"The Myth of Peak Oil"

is the title and subject ofthis essay on today's CounterPunch. I'll read it more fully and comment on it later.

Wednesday, March 14, 2012

Newt Gingrich: Cornucopian

Newt Gingrich: Cornucopian

More here.

"The idea of peak energy is a stupid idea. It does not exist, it is a technologically limited model, it has been the basis of American energy policy for 40 years, and it is wrong."

Monday, December 13, 2010

Peak Oil at the Crossroads

Item 1: http://www.swans.com/library/art16/letter205.html

The religion of peak oil passed its own apogee in 2010. It has had its last innings. Everywhere peak oil notions are seen to be in decline. The media are all but silent on the subject.

Peakoilism became meta-language for resistance to higher prices for oil, and for concern that oil will be exhausted in our lifetime. Such notions are founded on ignorance concerning oil exploration, of how the oil industry works, and how the price of oil is fixed.


More at the above URL.

Item 2: Matt Savinar's decision to end the discussion board at LifeAftertheOilCrash.net, not because he disbelieves in peak oil, but because he thought it was a distraction.

I wonder if the idea of peak oil will break through to the mainstream or wither.

Friday, June 25, 2010

A telling comment, from a 2009 Investor's Business Daily editorial by Newt Gingrich and Steve Everley.

http://www.investors.com/newsandanalysis/Article.aspx?id=508513

And recently, in the Gulf of Mexico, BP announced they had made a huge new discovery of oil, estimated to be as large as the biggest oil-producing spots in the Gulf, which means it could supply as much as 300,000 barrels of oil per day.


It's just too bad that oil is being "supplied" without a container.